Senior Manager, Revenue Accounting

Posted on Sep 25, 2024 by PowerSchool Group LLC
Folsom, CA
Admin & Secretarial
Immediate Start
Annual Salary
Full-Time
Overview:

At PowerSchool, we are a dedicated team of innovators guided by our shared purpose of powering personalized education for students around the world. From the central office to the classroom to the home, PowerSchool supports the entire educational ecosystem as the global leader of cloud-based software for K-12 education. Our employees make it all possible, and a career with us means you’re joining a successful team committed to engaging, empowering, and improving the K-12 education experience everywhere.

Team Overview

Our Finance team is a passionate, high-performing group committed to supporting PowerSchool operations through accurate and timely financial transaction management. The team provides critical business guidance on a broad range of accounting, reporting, and analytical projects, ensuring the integrity of financial data. The Revenue Team plays a pivotal role in our company's success by ensuring that our revenue recognition processes are optimized and compliant with regulatory standards. By partnering closely with our legal, finance, and sales teams, the Revenue Team meticulously reviews and analyzes sales contracts to guarantee alignment with ASC 606. This collaboration not only safeguards the company against potential compliance risks but also enhances our financial reporting accuracy. 

Responsibilities:

Description

The ideal candidate must possess strong critical thinking and communication skills. This person will partner closely with our cross-functional teams to structure and negotiate contractual terms, perform revenue close accounting activities, as well as work with key stakeholders, lead projects, develop new processes and improve on the month-end close process. The position requires a hands-on person who is flexible, solutions-oriented and works well under pressure in a fast-paced environment.

Your impact will consist of:

Partner with Sales, Legal, FP&A, and Sales Operations on deal construction and non-standard contract reviews to determine revenue impact and provide recommendations to maximize revenue and other key financial metrics.

Support monthly closing activities including, but not limited to, reviewing non-routine revenue transactions, performing accounting assessments, preparing accurate journal entries, and documenting revenue conclusions.

Research, resolve, and operationalize complex and non-routine revenue accounting transactions.

Identify actionable insights and suggest recommendations to address issues and improve accounting processes/efficiencies.

Monitor revenue inbox to respond timely and appropriately to business requests.

Participate in and/or lead projects and initiatives with cross functional impacts.

Assist with external audits and special projects as needed.

Qualifications:

Minimum Qualifications

Minimum of 8+ years of relevant and related work experience.

Bachelor’s degree in Accounting or Finance

Advance knowledge of ASC 606 revenue accounting guidance

Experience with SaaS or Software Company revenue recognition

Experience in writing complex technical revenue accounting position papers

Experience partnering with FP&A, Sales, Legal to deliver insightful information

Solid organizational skills with the ability to manage priorities and execute in a fast-paced environment with attention to details

Team player and effective communicator with all levels of management and cross functional organizations.

Preferred Qualifications

Public Accounting experience, preferably Big 4 CPA firm 

CPA or equivalent

Experience with Netsuite and SalesForce

Compensation & Benefits:

Compensation & Benefits

PowerSchool offers the following benefits:

Comprehensive Insurance Coverage (including Medical, Dental, Vision, Pharmacy benefits, Life Insurance and AD&D)

Flexible Spending Accounts and Health Savings Accounts

Short-Term Disability and Long-Term Disability

Comprehensive 401(k) plan

Generous Parental Leave

Unrestricted paid time off (known as Discretionary Time Off - DTO)

Wellness Program, including ClassPass & Employee Assistance Program

Tuition Reimbursement

Optional Benefits: Pet Insurance, Identity Theft Protection, Student Debt Repayment Program and Prepaid Legal coverage

A reasonable estimate of the base compensation range for this position is $146,000 - $187,800 USD. This compensation range is specific to the United States and it incorporates many factors including but not limited to an applicant's skills and prior relevant experience and training; licensures, degrees, and certifications; internal equity; internal pay ranges; and market data/range parameters.

EEO Commitment:

EEO Commitment

PowerSchool is committed to a diverse and inclusive workplace. PowerSchool is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. Our inclusive culture empowers PowerSchoolers to deliver the best results for our customers. We not only celebrate the diversity of our workforce, we celebrate the diverse ways we work. If you have a disability and need an accommodation regarding our recruiting process, please let us know by emailing (url removed).

Reference: 202407540

https://jobs.careeraddict.com/post/95581786

Senior Manager, Revenue Accounting

Posted on Sep 25, 2024 by PowerSchool Group LLC

Folsom, CA
Admin & Secretarial
Immediate Start
Annual Salary
Full-Time
Overview:

At PowerSchool, we are a dedicated team of innovators guided by our shared purpose of powering personalized education for students around the world. From the central office to the classroom to the home, PowerSchool supports the entire educational ecosystem as the global leader of cloud-based software for K-12 education. Our employees make it all possible, and a career with us means you’re joining a successful team committed to engaging, empowering, and improving the K-12 education experience everywhere.

Team Overview

Our Finance team is a passionate, high-performing group committed to supporting PowerSchool operations through accurate and timely financial transaction management. The team provides critical business guidance on a broad range of accounting, reporting, and analytical projects, ensuring the integrity of financial data. The Revenue Team plays a pivotal role in our company's success by ensuring that our revenue recognition processes are optimized and compliant with regulatory standards. By partnering closely with our legal, finance, and sales teams, the Revenue Team meticulously reviews and analyzes sales contracts to guarantee alignment with ASC 606. This collaboration not only safeguards the company against potential compliance risks but also enhances our financial reporting accuracy. 

Responsibilities:

Description

The ideal candidate must possess strong critical thinking and communication skills. This person will partner closely with our cross-functional teams to structure and negotiate contractual terms, perform revenue close accounting activities, as well as work with key stakeholders, lead projects, develop new processes and improve on the month-end close process. The position requires a hands-on person who is flexible, solutions-oriented and works well under pressure in a fast-paced environment.

Your impact will consist of:

Partner with Sales, Legal, FP&A, and Sales Operations on deal construction and non-standard contract reviews to determine revenue impact and provide recommendations to maximize revenue and other key financial metrics.

Support monthly closing activities including, but not limited to, reviewing non-routine revenue transactions, performing accounting assessments, preparing accurate journal entries, and documenting revenue conclusions.

Research, resolve, and operationalize complex and non-routine revenue accounting transactions.

Identify actionable insights and suggest recommendations to address issues and improve accounting processes/efficiencies.

Monitor revenue inbox to respond timely and appropriately to business requests.

Participate in and/or lead projects and initiatives with cross functional impacts.

Assist with external audits and special projects as needed.

Qualifications:

Minimum Qualifications

Minimum of 8+ years of relevant and related work experience.

Bachelor’s degree in Accounting or Finance

Advance knowledge of ASC 606 revenue accounting guidance

Experience with SaaS or Software Company revenue recognition

Experience in writing complex technical revenue accounting position papers

Experience partnering with FP&A, Sales, Legal to deliver insightful information

Solid organizational skills with the ability to manage priorities and execute in a fast-paced environment with attention to details

Team player and effective communicator with all levels of management and cross functional organizations.

Preferred Qualifications

Public Accounting experience, preferably Big 4 CPA firm 

CPA or equivalent

Experience with Netsuite and SalesForce

Compensation & Benefits:

Compensation & Benefits

PowerSchool offers the following benefits:

Comprehensive Insurance Coverage (including Medical, Dental, Vision, Pharmacy benefits, Life Insurance and AD&D)

Flexible Spending Accounts and Health Savings Accounts

Short-Term Disability and Long-Term Disability

Comprehensive 401(k) plan

Generous Parental Leave

Unrestricted paid time off (known as Discretionary Time Off - DTO)

Wellness Program, including ClassPass & Employee Assistance Program

Tuition Reimbursement

Optional Benefits: Pet Insurance, Identity Theft Protection, Student Debt Repayment Program and Prepaid Legal coverage

A reasonable estimate of the base compensation range for this position is $146,000 - $187,800 USD. This compensation range is specific to the United States and it incorporates many factors including but not limited to an applicant's skills and prior relevant experience and training; licensures, degrees, and certifications; internal equity; internal pay ranges; and market data/range parameters.

EEO Commitment:

EEO Commitment

PowerSchool is committed to a diverse and inclusive workplace. PowerSchool is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. Our inclusive culture empowers PowerSchoolers to deliver the best results for our customers. We not only celebrate the diversity of our workforce, we celebrate the diverse ways we work. If you have a disability and need an accommodation regarding our recruiting process, please let us know by emailing (url removed).

Reference: 202407540

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